Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why is Ferrari facing such a backlash to its first electric car?
The Italian marque has broken with the past with its four-door, €550,000 Luce and traditionalists are furious Ferrari is different from other carmakers, and so are its product launches. So revered is the company in its native Italy that…
Ferrari's first electric vehicle met with market skepticism
Ferrari on Tuesday presented its first-ever fully electric car to Italy's President and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the consumer. The Italian automaker unveiled the all-new Luce EV…
Why people are losing it over Ferrari's first all-electric car
Ferrari's first-ever all- electric vehicle, the Ferrari Luce, was designed to look “entirely new,” the company says, and so far the reaction to the new EV has been polarized. Shares of the Italian luxury automaker fell in premarket…
The Scoop: Ferrari tries to message electric car as market value plunges $5 billion
Ferrari debuted its first electric vehicle, the Luce — Italian for “light.” Designed by storied Apple alum Jony Ive, the four-door, five-seat car can reach 60 mph in 2.5 seconds. In an exclusive interview with CNBC, Ferrari CEO…
Ferrari's first electric vehicle met with market skepticism
Ferrari unveils the Luce, its first electric vehicle designed by Jony Ive. Ferrari on Tuesday presented its first-ever fully electric car to Italy's President and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less…
Cheapest and most expensive electric cars to insure
One of the many concerns some Britons have about switching to electric cars is the cost of insuring them. According to the Electric Car Scheme, EVs are typically between 15 and 25 per cent more expensive in premiums than conventional petrol models.
Ferrari's First Fully Electric Car Gets Brutally Roasted Online With A Barrage Of Memes: 'Vacuum Cleaner'
Ferrari 's standing in the automotive world has historically been defined by respect and acclaim, but that narrative shifted dramatically on Tuesday, May 26, a day after the brand revealed its electric model in Rome. The Ferrari Luce (Italian for…
Second hand electric car values rise for first time in eight months
The value of second-hand electric cars has risen for the first time in eight months in what could be a major turning point for zero-emission used motors. While used car values remained resilient in May overall, EVs delivered the strongest…
Ferrari launches its first electric car for a shocking price
Published May 27th, 2026 - 02:22 GMT ALBAWABA - In a historic move that redefines its legendary brand, Italian automaker Ferrari unveiled its first all-electric car in Rome on Monday, announcing its transition from the world of motors to the quiet…
4 EVs That Will Be Considered Classics In The Future
Electric vehicle technology still feels far too young for any EVs to truly approach 'classic' status, but the day when we look fondly back on the legends of the field isn't that far off. After all, the first electric production vehicle was…
After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice
Lamborghini CEO Stephan Winkelmann told CNBC the automaker's decision to kill its all-electric vehicle plans to focus on plug-in hybrid electric vehicles was 'the right way to go' for his company. His comments come after Ferrari this week faced…
Critics give Ferrari Luce EV a cool response, shares fall
Ferrari shares plunged by more than 8 percent on Tuesday as investors and critics reacted coolly to the Italian luxury sports carmaker's new Luce electric car, questioning whether it remained true to the brand's identity. SCROLL TO CONTINUE WITH…
China's April industrial profits grow at fastest in more than two years
China's industrial profits in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening domestic demand and rising component costs exacerbated by the Middle East crisis. SCROLL TO CONTINUE WITH CONTENT…
The Gas-Tax Reckoning
In February, the average price of gas was less than $3 a gallon. Today it's nearly $4.50. Since the start of the Iran war, Americans have spent an extra $39 billion filling the tank. As summer travel season arrives, Congress is considering…
China unveils new blueprint that could reshape global EV and AI standards
China is seeking to expand its influence over the future of the global auto industry through a sweeping regulatory blueprint covering core technologies ranging from vehicle chips, AI and batteries to autonomous driving and low-carbon development.
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